Company name

Sacyr Construcción, S.A.U.

Project number

13472-01

Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.

E&S category
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B

Country

Regional

Sector

Transport

Status

Proposed

Disclosed date

04/19/2022

Projected date at which a project will be put forward for the Board of Executive Directors’ approval.

Projected board date
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06/15/2022

Approval date

N/A

Signed date

N/A

Sponsoring entity

N/A

Team leader

Blakely, Brian

Investment type

Syndicated amount

N/A

Financing amount

USD $ 20,000,000

Currency

CLP, COP, PYG, PEN, USD, UYU

Project scope and objective

The transaction consists of the granting of stand-by letters of credit to local commercial banks in connection with the leasing of imported equipment by subsidiaries of Sacyr Construcción SAU for up to US$20 million by eligible subsidiaries in Chile, Colombia, Paraguay, Peru and Uruguay. These eligible subsidiaries will use the equipment in strategic infrastructure projects in the region.

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Contact information

For inquiries, comments and information requests about the project

Request information

Alternatively, you may also use the following contact information:

Client Contact

CONTACT NAME

Ramón Planelló Mirabet

POSITION

Financial Manager

PHONE NUMBER

+34 91 545 56 75

EMAIL

planello@sacyr.com

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

COUNTRY OFFICES

IDB Invest Country Offices